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Saturday, October 9, 2010
Gold Chart! No Technical Clue for Selling
Gold is getting good support on 13 day's moving average. In some cases, its getting support at 21 days moving average. Its seems gold is in extreme bullish. As per technical trading it may test $1300. If it couldn't hold over there gold's next target will be 1250. Buying in between $ 1250 - $ 1300 is less risky. Over all indicators are guiding gold toward $ 1400.
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USDCHF Technical Analysis - Sell at 0.9955
USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...
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Pivot: 78.35. Our preference: LONG positions above 78.35 with 78.65 & 78.75 in sight. Alternative scenario: The downside penetrati...
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GBPUSD finally broke higher yesterday after recent unsuccessful push through the lower support line connected from early March lows. N... -
S&P 500 is trading nicely higher for the past few weeks, clearly in impulsive fashion form 1400 swing level. However market is approachi...